No. 704.

Mr. Bayard to Mr. Soteldo.

Sir: With reference to your note to me of the 2d instant, and to my note to you of the 3d instant, giving in writing our respective understandings, which are found to be in accord, of the terms of the agreement arrived at orally during our interview held on the 2d instant, expressly for the settlement of the claim of John E. Wheelock against Venezuela, I have now the honor to add, in order that all possibility of a mistake on that point may be avoided, that it is my understanding that the $6,000 agreed upon as a final satisfaction of the Wheelock claim is to be paid in the currency of the United States.

Accept, &c.,

T. F. BAYARD.